Brookfield Asset Management to buy Rouse Properties

Thu Feb 25, 2016 7:53am EST
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Feb 25 (Reuters) - Real estate investment trust Rouse Properties Inc said asset manager Brookfield Asset Management Inc agreed to buy the company in a deal valued at about $2.8 billion, including debt.

Brookfield Asset's cash offer of $18.25 per share represents a premium of 2.82 percent to Rouse's Wednesday close. (Reporting by Ankit Ajmera in Bengaluru; Editing by Saumyadeb Chakrabarty)